Regulatory Reporting Specialist for Financial Institutions
3 weeks ago
Job Title: Regulatory Reporting Specialist for Financial Institutions
Location: Central London, UK
Salary: £55,000 - £65,000 per annum, depending on experience
Job Description:
We are seeking a highly skilled Regulatory Reporting Specialist to join our team in Central London. As a Regulatory Reporting Specialist, you will be responsible for managing the timely submission of monthly regulatory returns to the PRA and overseeing the regulatory reporting software.
Main Responsibilities:
Preparation of monthly ALMM returns, as well as LCR and PRA 110 submissions to the regulators on an accurate and timely basis.
Preparation of Quarterly returns, i.e. FSA017 and PRA 108 submissions to the regulators on an accurate and timely basis.
Management of the update of WIRES system, including the production of CAB required by IT. Assistance with ongoing system, process and control improvements.
Liaison with business lines including IT, Operations, Private Banking, Structured Property Finance, Treasury, and Risk functions as required.
Providing cover for the Senior Regulatory Reporting Officer and Regulatory Reporting Accountant, as and when required.
Assistance in preparing the quarterly Corep returns, as well as assistance with the Pillar 3 document.
Requirements:
Must have regulatory reporting experience/knowledge (including capital, liquidity, and COREP) having had responsibility for preparing and submitting regulatory reports in a UK bank.
Highly proficient in Excel and able to handle large amounts of data. Competent using macros, VLOOKUP, pivot tables, and conditional formatting.
At least 2 years' experience in a similar role in financial services.
Qualified accountant desirable.
Strong organisational skills.
Good time management skills.
Ability to set priorities.
Excellent communication skills.
Flexibility and adaptability.
Expected Behaviours:
Treat others with respect.
Work honestly, effectively, and collegially with employees and others.
Always act with integrity in line with the Bank's values in all you do.
Respect and value the contributions of all members of the business, regardless of status or role in the organization.
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